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British designer Nicholas Kirkwood, whose high-fashion shoes sell at department stores for up to $1,600, says “luxury” is a passé term.

“From every car company to every brand . . . it’s something they say. But for younger designers, it’s not the first word they would use,” he shared with Refinery29’s Christene Barberich at Soho House.

“Aspiration isn’t being on private jets and yachts and big hair. To me that seems old,” he added. “People who have that money would rather have life experiences . . . It’s about having a good time with a group of friends, not just trying to show off your wealth.”